Entrepreneurial Attributes and Venture Creation among Undergraduate Students of Selected Universities in Southwest, Nigeria

Abstract

This study examined the effect of entrepreneurial attributes on venture creation among undergraduate students of selected universities in Southwest, Nigeria. The study measures the presence of entrepreneurial attributes (creativity, critical thinking, risk taking, leadership skills and resilience) among undergraduate students of selected public and private universities in Southwest, Nigeria. A total of 751 copies of questionnaires were distributed and 616 copies were returned and deemed suitable for analysis. A structural equation model (PLS 3.0) was used for the analysis. The result showed that entrepreneurial attributes contribute more to business opportunity identification, business planning and business startups. This implies that universities in Nigeria should develop these attributes (creativity, critical thinking, risk taking, leadership skills and resilience) through entrepreneurship education to reduce the rate of graduate unemployment in Nigeria.